Finance will be key to growth during journey to Brexit

Across the European Union the car manufacturing market continues to go from strength to strength. Recent figures from the Association of European Carmakers demonstrate that in spite of a number of headwinds, the sector remains strong and is almost at pre-economic crisis levels. On the other hand, these figures also highlight that while 2016 was a particularly good year for car registrations in the UK, as a nation we are falling behind a number of our European counterparts.

Finance will be key to growth during journey to Brexit

Aug 08, 2017

Across the European Union the car manufacturing market continues to go from strength to strength. Recent figures from the Association of European Carmakers demonstrate that in spite of a number of headwinds, the sector remains strong and is almost at pre-economic crisis levels. On the other hand, these figures also highlight that while 2016 was a particularly good year for car registrations in the UK, as a nation we are falling behind a number of our European counterparts.

James Tew reports online auto sales are being used by dealers to pursue faster stock turnaround  

Dealers are turning to online car and van sales in order to pursue a faster turnaround of stock in order to fight margin erosion.

James Tew reports online auto sales are being used by dealers to pursue faster stock turnaround  

Aug 02, 2017

Dealers are turning to online car and van sales in order to pursue a faster turnaround of stock in order to fight margin erosion.

Austin Collins argues that the threatened “demise of the diesel” is being offset by significant discounts

Clued-up car buyers are saving thousands of pounds on popular new cars as they take advantage of a crash in demand for diesel models. Discounts of over £5,000 are available on 2017 diesel cars, including the BMW 3 Series, Audi A3 Cabriolet, Nissan Qashqai, Renault Kadjar and Ford S-Max. In many cases, the savings are double those available on petrol cars.

Austin Collins argues that the threatened “demise of the diesel” is being offset by significant discounts

Aug 01, 2017

Clued-up car buyers are saving thousands of pounds on popular new cars as they take advantage of a crash in demand for diesel models. Discounts of over £5,000 are available on 2017 diesel cars, including the BMW 3 Series, Audi A3 Cabriolet, Nissan Qashqai, Renault Kadjar and Ford S-Max. In many cases, the savings are double those available on petrol cars.

Thought Leaders

Industry Profile: Gavin Wraith-Carter, Hitachi Capital Business Finance – We are working to make finance more accessible

Aug 14, 2017

Hitachi Capital Business Finance is focusing on education and customer service as it aims to increase its share of the SME finance market. Small businesses tend to shy away from asset finance and there are three key reasons why they don’t consider it as an option, according to Gavin Wraith-Carter, managing director of Hitachi Capital Business Finance. He summarises the three factors as ‘access, awareness and fear’, with each playing its part in low take-up of business finance alternatives to traditional options, such as overdrafts, in the small business market.

Members' Blogs

Why successful customer engagement needs to go beyond words

Mar 21, 2017

Currently the lion’s share of communications from auto financiers, in concert with their brand partners and franchised retailer networks, is delivered by conventional methods. Very often this communication is one way and doesn't promote interaction ‘in the moment’. For example, traditional posted mail and outbound telephone calls from retailers or contact centres are very much alive and kicking. Whilst these efforts are laudable, the old conventional methods are fast running out of road and they are not in sync with the habits of the 21st century consumer.

 
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